Accounting homework, please helps! The first picture goes with the second one!

3A-2. (Similar to problem 3A-1) KATIE CONSULTING, Inc. had the following transactions in March: March 2. Received $1,400 cash for consulting March 7. Purchased advertising for $920 cash. March 11. Did additional consulting for $1,300 on account. March 19. Purchased furniture for S4,900 on account. March 22. Paid salaries for the month of $3,300 cash. March 25. Received S8,000 in advance for a job to begin April 6. March 28. Collected S400 of the money owed from March 11. Required: 1. For each transaction, indicate the entry that would be made under cash basis accounting and then under accrual basis accounting. What would be the net income or loss for the month using the two different approaches? 2. Write a note to your banker explaining why accrual basis accounting would be a fairer representation of the performance of your company then cash basis. You may use as an example the problem above or the example provided at the beginning of this chapter